HENRY FORD HEALTH SYSTEM

DETROIT, MI, 48202-3450 (313) 876-8704 Est. 1915 EIN 38-1357020
E210— Health Care Form 990 501(c)(3)
WWW.HENRYFORD.COM

Mission

AS ONE OF THE NATION'S LEADING INTEGRATED HEALTH SYSTEMS, IT IS THE MISSION OF HENRY FORD HEALTH TO IMPROVE PEOPLE'S LIVES THROUGH THE EXCELLENCE OF THE SCIENCE AND ART OF HEALTH CARE AND HEALING. FOUNDED IN 1915 BY AUTO PIONEER HENRY FORD, HENRY FORD HEALTH SYSTEM DBA HENRY FORD HEALTH ("HF HEALTH") IS A COMPREHENSIVE, INTEGRATED AND ACADEMIC HEALTH SYSTEM, PROVIDING BOTH HEALTH CARE DELIVERY AND COVERAGE, AS WELL AS A ROBUST RESEARCH AND MEDICAL EDUCATION TRAINING PROGRAM. WITH MORE THAN 50,000 TEAM MEMBERS AND NEARLY 10,000 AFFILIATED PHYSICIANS, RESEARCHERS AND ADVANCED PRACTICE PROVIDERS, THE HEALTH SYSTEM DELIVERS EXCEPTIONAL AND COMPASSIONATE CARE AT ITS 13 ACUTE CARE HOSPITALS, AND OVER 550 CARE LOCATIONS, INCLUDING MEDICAL CENTERS AND CLINICS.

Giving Portfolio

Total Grants
237
Total Giving
$10.3M
Recipients
235
Years Active
2018 - 2024
Avg grant: $45,673 Median: $10,850

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202452$2.0M $39K1239
202341$1.4M $34K1525
202230$2.0M $65K1317
202042$2.0M $47K2418
201945$1.5M $32K2718
201827$1.5M $57K270

Sectors Funded

Diseases & Disorders
31
Health Care
29
Human Services
23
Arts, Culture & Humanities
23
Community Improvement
22
Education
20
Public & Societal Benefit
7
Philanthropy & Grantmaking
6
and 11 more sectors

Top States

Michigan
215
Texas
6
Maryland
5
Georgia
3
Illinois
3
New York
3
District of Columbia
2

Grantee Size Profile

$1M - $5M
49
$10M - $50M
47
Over $50M
39
$5M - $10M
22
$100K - $500K
21
$500K - $1M
18
Under $100K
8

Top Grantees

$2.5M
$1.0M
MI - 2 grants
$467K
MI - 4 grants
$429K
MI - 2 grants
$185K
$183K
and 15 more grantees

Grants Awarded · 227 grants

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Financials

Total Revenue
$5,284,200,687
Total Expenses
$4,965,657,559
Net Assets
$2,411,018,724
28,175 employees 662 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
5.8 months Adequate
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 17.5%
Expenses ↑ 15.0%
Revenue Sources
Contributions 2.9% Earned revenue 91.3% Investment 1.2% Other 5.0%
Expense Breakdown
Program 84.5% Management 15.3% Fundraising 0.2%

Officers & Trustees (40)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 Form 990$5,284,200,687 $4,965,657,559$2,411,018,724
2023 Form 990$4,495,865,667 $4,319,464,747$1,539,706,962
2022 Form 990$3,987,316,990 $3,936,821,951$1,450,985,887
2020 Form 990$3,565,318,688 $3,390,415,300$1,459,046,147
2019 Form 990$3,513,243,526 $3,271,046,621$1,151,214,636
2018 Form 990$3,126,427,283 $3,041,839,218$991,969,303

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EIN: 38-1357020 · Source: IRS Form 990 e-file data